The latest issue of Financial Standard now available as an e-newspaper
ME Bank pays industry funds no dividendsBY ELIZABETH MCARTHUR | THURSDAY, 14 MAY 2020 12:07PM
MP Tim Wilson has argued industry super funds' ownership of ME Bank is at odds with the sole purpose test as the bank has yet to pay dividends.
Read more: ME Bank, ACTU Member, ABA, Senator Tim Wilson, Australian Banking Association, AustralianSuper, Bernie Dean, Hostplus, Industry Super Australia, ISA, James McPhee, Tony Beck, UniSuper
|Sponsored by Franklin Templeton|
Market Volatility Centre - Tools to Help Stay the Course
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|